“It’s official,” Williams confirmed to SOHH exclusively. “My album is coming out this year. I had about three places that I decided would be a good look. I won’t say who all I met and had discussions with but I had an offer from Universal. I’m not going to say the name of the second place and the last person was Cam. Me and Cam met for maybe an hour and at the end of the hour we both understood what it was gonna be.”

The announcement came during the recent taping of Williams stand-up DVD in Atlanta, GA. “We taped my comedy special in Atlanta,” Williams said. “It was crazy. At the end, in front of 4,000 people we made the Dipset announcement at the tail end of that. So yes, the revolution will be televised.”

The album, which is titled It’s Pimpin’ is due out this summer. An actual release date has not yet been determined.

“The first single will probably be hittin in the next 21 days,” he added, although he has yet to choose what song will be the first released. “It’s a battle between the song with me, Lil Jon and Ice Cube and another song with me, Paul Wall and Mike Jones.”

Williams, who begins taping his third season of the Nick Cannon-helmed MTV improv show “Wild N’ Out” next week, will also reprise his A Pimp Named Slickback role for the second season of Aaron McGruder’s “The Boondocks” animated series. According to Williams, McGruder is currently in talks with Sony about making a live action film about the life of A Pimp Named Slickback, which would star Williams.

Currently filming the new Eddie Murphy film Norbit, alongside Charlie Murphy, Cuba Gooding Jr., Thandie Newton, Williams will again play the role of a pimp, but he told SOHH he has no worries about being typecasted.

“I’m a fly dude… I just am,” Williams told SOHH. “There are certain things that you think about when you see me and that’s what I’m bringing to the role. I don’t waste my time thinking about the pigeon hole thing. I can’t be stuck, I make over a million dollars a year doing stand up. What happens in TV and movies that’s other issues. I’m on one of the top shows on MTV and I’m not playing a pimp there.

“When I was on My Wife and Kids’ with Damon Wayans, I played a corny dude that’s stuck in the 80’s,” he adds. “When I acted on ‘The Tracy Morgan Show’ I was just a dude that came by Tracy’s shop that liked music. I am what I am. So I bring what I am to my parts. There are a lot of actors who would love to do what I’m doing. A lot of people when they hear I am doing this rap album are like, ‘Well, can he rap?’ But it’s a numbers game. I’m gonna outsell a whole lot of qualified rappers and they’ll just have to deal with that.”